Tuesday, 15 August 2017

The Sky is falling ! ... is it ? Really ?

If anyone's blood pressure didn't rise or fall in last week because of price movement of the markets, s/he will be lying...

But again, the events like these remind us another quality or principle that one needs to stay in the market is patience... (first two principles are in my blog's heading)

So, if you have picked the stocks based on those two principles, and then the market crashes or gives a knee jerk negative price movement, what do you do? You can either pull out you money...provided you are still in some profit at the time of decision, or at least not RED in terms of original capital invested... OR, stay invested and (another) OR (better OR) may be, if you have reserve amount to invest, try investing more in your portfolio stocks that are in RED? ... reason being they are profit making, debt free companies, and should be first to recover with the markets...unless there is misfortune in terms of policy directions from authorities as in case of Prakash Industries or all together major changes in the company's business model.

So here is my portfolio's performance though last week chaos... pay attention to "realized profits"... That means... apart from losing notional gains which were around 20-25 thousand at the start of week, I have cushion of those extra 30K before, I start loosing my real money...

2 comments:

  1. great commentary

    ReplyDelete
  2. http://jagotrader.com/5-steps-to-becoming-a-professional-trader/

    ReplyDelete